THE WALTHAM FOREST ISLAMIC ASSOCIATION
Social Service, Mulslim Prayer Gathering, Islamic Education for Children.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £9,742,315, representing a net increase of £192,638 for the year. The trustees report adequate resources to continue operations for at least twelve months and note that the charity relies on fluctuating donations from members. No specific reserves policy target is stated, only a general aim to maintain sufficient liquid funds.
What the accounts disclose
“The trustees aim to ensure that the charity has sufficient resources to continue its activities and to meet its obligations and to provide for future capital expenditure. To this end, it is considered prudent that sufficient liquid funds are maintained.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Abdul Majidchair
- Aamir Habib
- Ali Akbar
- Ghulam E Haider Ali
- Irfan Khaliq
- Mansoor Ramzan
- Mohammed Ilyas
- Nadeem Razwan
- Nisar Ahmed
- Nisar Ahmed
- Ramzan Abrahim
- SAQIB HUSSAIN
- Sajid Butt
- Tariq Mahmood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £665k | £473k |
| 31/03/2024 | £543k | £427k |
| 31/03/2023 | £634k | £469k |
| 31/03/2022 | £508k | £324k |
| 31/03/2021 | £381k | £219k |
Common questions
Is THE WALTHAM FOREST ISLAMIC ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £9,742,315, representing a net increase of £192,638 for the year. The trustees report adequate resources to continue operations for at least twelve months and note that the charity relies on fluctuating donations from members. No specific reserves policy target is stated, only a general aim to maintain sufficient liquid funds. Its FY2025 accounts were audited by TC Group.